Avata Launches First-Ever On-Chain 'Cancel For Any Reason' Travel Insurance for NFT Holders in Collaboration with Sleap.io

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Revolutionary Insurance Solution Delivers Near-Instant Payouts, Seamless Claims, and Global Reach for Modern Web3 TravelersTHE HAGUE, The Netherlands, Nov.21, 2024 (GLOBE NEWSWIRE) -- Avata, a leading InsurTech company committed to reshaping travel insurance through decentralized technology, is thrilled to announce the launch of an innovative "Cancel For Any Reason" (CFAR) insurance solution in partnership with Web3 travel platform, Sleap.io.

We’re excited to see the Camino Network power countless transactions through this smart & flexible insurance solution, bringing modern travellers the protection they need.” Sung Feng Wu, CEO of Avata, emphasizes the value of this new on-chain insurance solution: "Our on-chain CFAR insurance solution redefines travel insurance.

By integrating directly with Sleap.io and leveraging the Camino Network, we’re providing travellers with a uniquely straightforward, digital-native option that empowers them to cancel with ease and enjoy peace of mind, wherever they go.” This groundbreaking innovation sets a new benchmark for travel insurance, redefined for the decentralized traveller.

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Article Details

Author / Journalist: Avata

Category: Technology

Markets: ChinaNetherlands

Topics: Camino Avata Insurance On-chain Travel Solution Cfar Web3 Network Sleap Travellers

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 09:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 596 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 23733886

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